too many people are watching hgtv these days. well, at least the people trying to sell houses. how do i know this? because i'm trying to buy a house. if i started collecting money for every house that i ran into with the following situation, i'd soon have enough money to just buy a nicer home and then i wouldn't be in this mess.
here is my unfortunate situation: i intend to buy in the older pensacola neighborhood where homes range in age from 70-100 years. while this scares some people away, i am completely fine with it. in fact, i prefer it. i don't do new, i don't do cookie cutter, and i don't do careless construction with all these crooked builders looking for the cheapest and easiest way to make money. the great part about the older neighborhoods is they've survived so many generations (and so many hurricanes) that they by default almost always have new roofs, new plumbing, new electrical, and all the leaks have been fixed. the bad part is, rarely are all these tasks tackled at once, or performed under the same ownership. so repair records are lost and buyers are in danger of inheriting a long list of to-do's that weren't anticipated. another bad part is that these houses are only getting older, saggier, and creakier. it takes a dedicated person to buy a house and say "i'm going to take care of this house like it deserves for as long as i own it." that is apparent just by driving down through the neighborhood. some people just don't care about the bones of their house.
another two-sided coin: houses are selling for cheap right now because people can't sell them. good for me pricewise, bad for the owners. so what do the owners do? they turn on their tv, flip to hgtv, and they watch "design to sell" or "the unsellables" or "sell this house." pick one. they all say the same thing:
paint with neutral colors, upgrade to stainless steel appliances, put a pedestal sink in your bathroom, and an updated kitchen with granite countertops is what everyone wants.
WHY DO ALL THESE PEOPLE ON HGTV DEMAND GRANITE? FOR THE LOVE OF PETE, BUY A HOUSE WITH LAMINATE COUNTERS AND THEN BUY YOUR OWN DANG GRANITE! GRANITE DOES NOT A NICE HOUSE MAKE!! does a nice handbag make a mean girl nicer? no. does a bmw and hair gel make a young man rich? no, they could be in debt over that car. houses are no different.
so. continuing....this is what i read when i look at the website description of a house:
"great charm! original hard wood floors, full of history, and recently upgraded. granite countertops, stainless steel appliances! hurry this one won't last long!"
so you think "great! what a fantastic little house!" then you go look at it. here's the translation of that description (realtors are smart):
original hardwood floors = looks like they haven't been touched since they were installed
full of history = the house is sagging because the foundation is old
recently upgraded = the kitchen may be nice, but the bathrooms have moldy grout in the 1950s pink tile
stainless steel appliances = lowest model you can buy, but with stainless finish
if these houses were cougars, it would be the equivalent of them rolling out of bed, spraying on some perfume, and putting on some lipstick before heading to the bars in hopes of a fine young stud who'll spend lots of money on her for a face lift and a boob job. yeah. not happening.
i'm beginning to think i can't even afford the worst of that neighborhood. now don't get me wrong, i don't mind putting in a little bit of elbow grease. refinish floors, re-tile the bathrooms, new kitchen, got it. no problem. in fact, i'd do that even if the house was in good shape (minus refinishing the floors). but foundation issues? wood rot? gaping holes in the middle of the floor? painted over stucco? nuh-uh. i don't have the money to buy a house AND fix all that. i'd rather have a house with good bones and regular, out-dated finishes.
so sellers: stop upgrading your kitchens with granite and calling it updated so you can squeeze an extra penny out of buyers. cuz it's not workin! as soon as the inspector says "this house is in bad shape" everyone is going to walk away. this is a recession. you're wasting your money.
the end.